@WernerBilly:$Lucid Group Inc(LCID)$ Can someone explain exactly how Lucid ever becomes meaningfully profitable? As of 9/30/22, Lucid had 1.7 bill shs o/s. Lucid seems to have limited production now and no plans on becoming a mass producer of BEVs. Even if Lucid was able to eek out a tiny profit, after spread over 1.7 bill shares, the eps would be meaningless. Even if Lucid earned $100 mill in profit, on 1.7 bill shs, the eps would only be .06/sh. So how exactly is Lucid stock even investable?
@kytphine:Breakingviews: Mark Zuckerberg will split Meta, take the 'verse Meta Platforms is the tale of two companies, tied together only by their potential to sell advertising and their owner Mark Zuckerberg. As big marketers tighten pocketbooks in 2023, the social media firm, which operates Facebook and Instagram, will become less of a cash machine. This will encourage its founder and chief to pluck his pet project, the metaverse, away from the rest of the business. Meta is expected to ink some US$15 billion in free cash flow in 2022, according to estimates from Refinitiv, a 60% decline from 2021, in large part because of spending on the virtual universe. But cash flow from Metaโs operations alone โ mostly the business without spending on the metaverse โ would represent a yield of 15%. Thatโs thre
@StickyRice:Software revenues hold ground despite macroeconomic turmoil $TQQQ(TQQQ)$ Global software industry revenues show muscle despite macroeconomic turmoil as businesses continue to opt for automation to save costs and aid supply chains. Geographically, EMEA saw 7.1% Y/Y software revenue growth in current currency (($USD)) and 16.4% in constant currency in H1 2022. This compares to Americas 16.4% Y/Y growth in both current and constant $USD and Asia/Pacific (including Japan) saw a 10.6% Y/Y growth in current currency and 18% in constant $USD. Reason behind lower performance in EMEA is the inflationary impact of the weakening of Euro against USD. It also includes a substantial decline in Russian revenues, down 22.5% Y/Y in